9/12/2016 – States step in to prod reluctant retirement savers

Sep 12, 2016 Comments Off by

“Half of private America is working full time and have nothing, so when they hit 65 or 70, basically all they have is Social Security, which is on average a little over a grand a month,” said Joshua Gotbaum, a guest scholar in economic studies with the Brookings Institution. Yet, a state-by-state effort to turn around that dire scenario is afoot in what promises to be “the biggest expansion of retirement security since Social Security was created,” said Gotbaum.

Read the full article at CBS MoneyWatch.

Financial Security 2016, Longevity News 2016

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